business

Image for Exclusive-China plans record budget deficit of 4% of GDP in 2025, say sources

Finance

Exclusive-China plans record budget deficit of 4% of GDP in 2025, say sources

Image for Shein weighs sale of less than 10% of company in London IPO, sources say

Business

Shein weighs sale of less than 10% of company in London IPO, sources say

Image for Asian shares drift, dollar firms ahead of central bank meetings

Finance

Asian shares drift, dollar firms ahead of central bank meetings

Image for Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

Finance

Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

Image for Oil prices in holding pattern ahead of Federal Reserve decision

Oil prices in holding pattern ahead of Federal Reserve decision

Date: December 17, 2024

By Colleen Howe BEIJING (Reuters) - Oil prices were range-bound in early Asian trading on Tuesday as investors worried about Chinese demand and awaited further market direction from a U.S. interest...

Image for Britain's Thames Water seeks debt lifeline approval in High Court

Britain's Thames Water seeks debt lifeline approval in High Court

Date: December 17, 2024

By Sarah Young and Andres Gonzalez LONDON (Reuters) - Britain's Thames Water will attempt to convince a court on Tuesday to approve a 3 billion pound ($3.8 billion) lifeline, one of several hurdles it...

Image for Trump threat pushes risks to Irish economy firmly to downside - central bank

Trump threat pushes risks to Irish economy firmly to downside - central bank

Date: December 17, 2024

DUBLIN (Reuters) - The threat to Ireland's foreign multinational-focused economy and public finances from the incoming U.S. administration has pushed the risks to the country's favourable economic...

Image for Dollar supported as bets on 2025 rate cuts evaporate

Dollar supported as bets on 2025 rate cuts evaporate

Date: December 17, 2024

SINGAPORE (Reuters) - The dollar held firm and near recent peaks on Tuesday, on the eve of an expected interest rate cut in the United States, as traders ratchet long-term rate assumptions higher. The...

Image for UK hands water customers bigger payouts for service failures

UK hands water customers bigger payouts for service failures

Date: December 17, 2024

LONDON (Reuters) - Britain said it was increasing compensation payments for customers whose water supply is temporarily cut off, its latest attempt to improve the water sector after poor service and...

Image for China resident who stole Tesla trade secrets gets 2-year US sentence

China resident who stole Tesla trade secrets gets 2-year US sentence

Date: December 16, 2024

By Blake Brittain (Reuters) - A German-Canadian resident of China was sentenced to 24 months in prison in the U.S. for stealing electric vehicle trade secrets from Tesla for his competing EV battery...